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Bangladesh is widely considered to be the fastest growing economy in the world. Since 2009, Bangladesh's economy has expanded by 188%. HSBC projected Bangladesh's real GDP growth will amount to 7.1% per year through 2030 - at that point it will boast a US$700 billion economy up from US$300 billion now. It forecasted that Bangladesh would become the world's 26th largest economy by 20306.
Discuss ANY THREE factors why Bangladesh has a faster long-run economic growth than other Asian economies, based on the economic theories about the determinants of long-run growth.
Suppose that the income elasticity of demand for land is +0.75. The unit commuting cost (cost per mile) is the sum of monetary cost (30 cents per mile) and time cost (opportunity cost). Suppose that the typical commuter earns a wage
Write a 2 page essay on the winners and losers of globalization. Look at countries, multinational corporations, workers, the environment and national security.
Problem: What are the implications of globalization to our global economy?
Give three reasons why firms produce in Germany rather than in a lower-wage country.
Which of the following features is needed to make bundling a possible price discrimination strategy but is not required for any other price discrimination strategies?The firm does not learn about customer demand until after purchase.
What is the percentage of this problem a country has a population of 2,130,819, and another country's has a population of 11,862,740 what is the percentage when you compare the two countries
Fiscal policy refers to the use of government expenditures or tax policy to influence the aggregate demand for a specific purpose.
Which county has an absolute advantage in the production of fruit? Timber?
How does the analysis of your opportunity costs explain your decision to seek an education?
One year T-bill rates over the next 4 years are expected to be 3%, 4%, 5%, & 5.5%. If 4-year T-bonds are yielding 4.5%, what is the liquidity premium on this bond?
Hold as a given that the public does not change their currency holdings and that banks do not hold any excess reserves. What will be the change in deposits resulting from a $50 million open market purchase by the Federal Reserve Bank?
Derive the marginal cost curve from your answer to (c) and show the relationship between the marginal cost and marginal product of labor.
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